Independent thinking for complex markets and current events
🇻🇪 Explosion and massive fire at a Venezuelan gas processing facility It's believed to have been caused by a pipeline rupturing during a routine gas depressurizing operation. The world's energy infrastructure just can't catch a break pic.twitter.com/KwAIcqKRoE — Mario Nawfal (@MarioNawfal) May 15, 2026
via mattjouff I will preface this by saying: I have absolutely no data on this, I am simply going on logic on anecdotes, but I am interested to see if anyone else has stories or experiences that corroborate this. Here is my thesis: There is a growing silent pile of over due maintenance across US …
A recent report from the Harvard Joint Center for Housing Studies highlights an interesting paradox: while home prices soar and homeowners’ equity increases, many homeowners are still struggling with rising costs. Here are some key points: Equity Growth: The average homeowner’s equity has surged by $28,000 over the past year, reaching an average of about …
Following Putin’s successful visits to North Korea and Vietnam, India’s Prime Minister Modi will be visiting Putin in early July in Moscow. This will be Modi’s first trip to Russia since 2019. US Ambassador to Japan Rahmah Emanuel told The New York Times that Moscow intends to become the “chief organizer” of the countries that Washington does not …
via Mike Shedlock Insurance, repairs, and maintenance costs are up for both homes and autos. Some homeowners are skipping home insurance. What’s going on and who is to blame? Auto and Home Chart Notes All data via St. Louis Fed FRED repository, index levels all set to 1015=100 CPI components where found and closest equivalent …
When an airline's leadership takes maintenance as a given and begins to focus on other "areas" as their priority, danger and calamity ensues. — Cleavage Crumbs (@CleavageCrumbs) March 13, 2024 United Airlines faces a fifth incident in a week as a US-bound flight returns to Australia. Not again … A United Airlines Boeing 777-300 aircraft …